Will More Real Estate Inventory Hit the Street After the Elections?
Despite reports that several of the large banks will be releasing a new wave of inventory, we all wonder what is really happening behind the scenes. Our most active real estate investors have been sending fewer and fewer properties to us for real estate financing as the months go by. Some of them speculate by saying no large amount of new inventory will hit the streets until AFTER the elections.
What is your thought on this? With so many properties in varying stages of pre-foreclosure and foreclosure, there’s definitely inventory out there waiting in the wings. Personally I think it will continue to trickle out and not be “dumped” after the Elections. If you have an opinion on this topic, please share.
